Published Date: 26-Sep-2021
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According to a new report Global Fruit Puree Market, published by KBV research, The Global Fruit Puree Market size is expected to reach $7.3 billion by 2027, rising at a market growth of 9.9% CAGR during the forecast period.
The beverages application segment dominated the market in 2020 by obtaining the maximum revenue share in the market. Fruit puree is highly applicable in the juice industry. The demand for packaged juices is rising due to lack of cooking time, adoption of hectic lifestyle, and growing health concerns. Due to this aspect, the application of fruit puree will increase in the food & beverage sector. Buyers' choice is playing a crucial role in fueling the juice and its ingredient sector in both developed as well as developing countries, as their choice is inclining towards the products, which has a creamy texture and strong taste.
The citrus fruit segment would be the fastest-growing segment. Factors such as high nutrient and vitamin content are responsible for the growth of this segment. Buyers highly prefer lemon and orange juice that is increasing the demand for citrus items in the beverage industry. Due to this, companies are constantly launching fruit purees in the citrus segment.
The Asia Pacific market dominated the Global Fruit Puree Market by Region in 2020, and would continue to be a dominant market till 2027. The Europe market is showcasing a CAGR of 9.6% during (2021-2027). Additionally, The North America market is estimated to grow at a CAGR of 8.6% during the forecast period.
Full Report: https://www.kbvresearch.com/fruit-puree-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Danone S.A., Doehler Group SE, Ingredion, Incorporated (Kerr Concentrates), Nestle S.A., Dennick FruitSource, LLC, China Kunyu Industrial Co., Limited, Grunewald Fruchtsaft GmbH, Tree Top, Uren Food Group Limited, and Milne Fruit Products, Inc.
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